Prohibition on depositing liquidators' funds into private bank accounts restricts where company liquidation monies may be held. A liquidator, including the Official Liquidator, is prohibited from paying any moneys received in his capacity as liquidator into any private banking ... Summary
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Prohibition on depositing liquidators' funds into private bank accounts restricts where company liquidation monies may be held.
A liquidator, including the Official Liquidator, is prohibited from paying any moneys received in his capacity as liquidator into any private banking account, requiring segregation of company realisations from private or personal accounts during winding up.
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